1974 Ferrari 365GT4 2+2 For Sale

Here's the video link in the ad, of a 365 engine running on an engine stand: [ame]http://www.youtube.com/watch?v=pwnCweGTvh0[/ame] I think I'll switch my 400i to open headers too! The green carpets? In 1974 maybe the original owner wanted the color to match her refrigerator.

 

ridiculously expensive /overpriced

 

And then some...!

 

This looks much better and at half the price!

http://www.motorcargallery.com/vin17143.html

 

Good day All,

As requested

1974 365 GT4 2+2
Color: Yelloe Exterior with Black Leather/Green Carpets
Mileage: 33415
Location: Germany, but owner is in Southern CA, USA

Chassis: 18579
Price: $95000.00 USD (ahem)

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Good day Keith,

I will create another thread on this car and post its data.

Cheers,

Sam

 

I am the owner of that car. While playing around on the computer today, I came across this thread and am amused by the interesting comments. Are you guys aware that my e-mail was listed on Hemmings? I did this so people can ask questions instead of using a chat forum to speculate. Well, let me try to get a few points cleared up.

1. About the price.... Someone pointed out that one can get a 365 GT4 2+2 for half the money. Well, you can also buy a mass produced 65 VW Microbus for half of what I want for my Ferrari. If you want a Microbus in cherry condition, review a recent Barret Jackson auction - they sold one for $ 134,000 ... and that for a mass produced car. Well, if you think a limited production 12 cylinder Ferrari should trade for about the same as an average VW Microbus, I respectfully beg to differ.

2. None of you know anything about my Ferrari other than what I placed in the add. For example, it has brand new cylinder heads that were personally picked up in Modena for $ 10,000.00 a piece. Since the engine was out to replace the heads, it was decided to check the entire engine for any wear and tear and replace what was no longer 100%. Total parts and labor for that project added another documented $ 34,000.00. Since then, the car was driven less than 2,000 miles. So, that is $ 44,000.00 just in engine work.

3. About the color.... the color is a light yellow with a slight green tint and is an original Ferrari color. This 365 is the only one in the world painted in that color. The carpet is also original Ferrari and is actually closer to the paint than what the pictures show. I understand some don't like to stand out from the crowd and prefer a black, red or blue car. But, having a "one of" is worth some money for the right connoisseur.

4. This is a full matching numbers car. And, if you blow the engine of your Daytona you can swap it in a couple of days and be on the road again... lol.

5. There is also an older full body restoration that is documented with photos and work invoices.

6. For the past 30+ years this car has only been driven long distances on the German Autobahn according to this regimen... not more than 3000 rpm in any gear until the oil temperature reaches 90 degree Centigrade. After that full throttle to the red line. Nice to play with a performance car where there are no restrictions. It was never driven in the winter or in really bad weather and always parked in a heated garage.

7. This car is part of a family collection that included among others a Testa Rossa (new type), Mondial, Mercedes 300SEL 6.3, BMW 3.0CS, BMW 3.3Li, Jaguar XJ Coupe, NSU RO 80 (the first production rotary engine).

8. The price would include shipping CIF to any entry port (or airport) in the world.

9. U.S. buyers would not have to worry about an EPA conversion requiring a cat because it was made one year prior to 1975. Though, I am told, one can still get a one-time exemption. But you might consider adding racing fuel to the poor quality U.S. premium gas in order to push the octane up to between 98 and 100. German premium unleaded gasoline has 98 octane, which is what Ferrari calls for.

 

Bernhard,G'day,
I think comparing your car to a VW is not in your best interest,I suggest you have a look at the comparative price of a C4(in the 'states) and then start doing some maths.
Matching numbers in a GT4 2+2 is not such a big deal,as ,if anyone(in the 'states will possibly tell/show you)all they do is rip out the 12 and put in Detroits finest.The 12 being(as you've demonstrated)very pricey.
Unfortunately you can't bung on the cost of all your spend to say your car is worth your(with all respect)price.
As an example(which I put up some time ago on another thread),in Aussie at the moment we have several similar cars:$58K,$80K,$90K and $100K,they have,starting with the cheaper one,been for sale for a birthday.
The only one to sell was a priced correctly,books and tools for $40K.
Good luck in your sale,mate.

 

Beautiful machine!

 

Welcome Bernhard and thank you for the explanation about how you have justified setting your asking price where you have.

Surely you must understand that the market value of anything is what someone is willing to pay for it. What you spent on restoration costs may or may not ever be recovered in a sale. The Ferrari world is full of stories of how it is possible to become "underwater" in restoring a Ferrari, particularly those that are not the most desirable models.

Stated another way, the market value of a well maintained but very average Ferrari may be only $10,000 or $20,000 less than the market value for the very best example in the world and it may well cost many multiples of that difference to bring the average example up to the standard of the best, but that doesn't mean that there is a dollar for dollar relationship between the two prices. That may not be 'fair" but that is the way things are. Ferraris are bought with the heart more than they are bought with the head and so a rational, cost-based analysis has little or nothing to do with market value. How many times have you heard high end car auction commentators say "He paid for the restoration and he got the car for free"?

Using market prices for similar types of vehicles is valid, but only up to a very limited point when the item is a collector car that is a non-essential purchase used for enjoyment only. For collector cars, the desirability and thus value is a function of aesthetics, rarity, performance, racing history and other features that have nothing to do with the cost.

For Ferraris, desirability is the main factor in determining car value, sometimes even more than rarity. For example, there were more Daytonas made than there were 5 speed versions of the 365GT4 2+2/400/400i/412 series and they share a similar, but not identical, engine but none of that keeps Daytona prices from being 10 times higher than for our cars.

I wish you luck in selling your car for the asking price. As the old joke goes here in the U.S. about the young child trying to sell hotdogs at the ballpark for $10,000 a piece: One fan said "$10,000 for a hot dog!!!! He's not going to sell many hot dogs at that price!" Then his friend says "He doesn't need to sell many, he only needs to sell one and he'll be happy!"

As I said, I wish you luck in selling your car. Please keep us informed about the selling price when you do sell it.

 

Seems a nice enough car in unpopular colors, Bernhard.
Defending that ask among this group will prove very difficult. I wish you were right but you are not. Are you the owner or representing same? If the latter you will soon have a disappointed client.

 

Welcome Bernhard.

There is a lot of good knowledge here. New contributors are always welcome.

 

The Mondial is the old type?

 

Bernhard

Nice car, but it would look much better if the photos were taken outside.

Aidan